Steven Stone Email & Phone Number

Arden Hills, Mn

Greater Minneapolis-St. Paul Area

Providing analysis of all construction costs, comparing budget to actual for new construction and remodel projects. Responsible for the proper accounting of fixed assets capitalization and depreciation in accordance with US GAAP and IRS guidelines. • Gain proper approval for all costs/cost overages related to capital spending • Ensure proper capitalization/expense classification and assess sales/use tax as necessary• Maintain Sage CIP, and FAS systems including monthly reconciliation to the general ledger• Creation of assets and generation of asset disposals, impairments, and accelerations within the Sage FAS system• Generate and post monthly journal entries including accruals, disposals, and depreciation expense• Key contact for internal and external audit SOX control discussions and testing related to capitalized spending• Timely and accurate fixed asset activity to properly record brand and franchisee location acquisitionsSystem KnowledgeGreat Plains, SAGE CIP, SAGE FAS, Crystal Reporting, ServiceChannel, Excel, Microsoft Word, PowerPoint, Internet, Adobe Pro, and OutlookKey Results• Successful maintenance of fixed asset system with over $1 billion dollar multi-national asset base with multiple independent companies• Independent accounting for @90 new location and location remodel projects in addition to continuous capital equipment replacements and upgrades• Cost reduction through Process improvements and creation . Paperless process creation and implementation across multiple departments . Electronic documentation retention . Partnership to create an in-house process to automatically obtain and document capital spending approvals . Asset Acceleration tool creation and process documentation with financial impact automated calculation• Independent analysis of loss on disposal figures by asset category to identify trends and potential internal book live adjustments

Greater Minneapolis-St. Paul Area

Accountant – CAM Payables, 2009 – 2014Primary contact for Target’s seven national common area property management partners regarding exterior site maintenance (landscaping, parking lot, debris/snow removal, and common shared costs for retail centers); ensured proper GAAP treatment of expenses; coordinated CAM team efforts regarding Target’s yearly Brand Campaign to drive savings through the assumption of retail center common area maintenance.• Managed yearly budget approval and cost reconciliation for approximately 200 retail centers to ensure reasonability and legal compliance• Ensured accurate accounting treatment through general ledger account reconciliation, monthly prepaid expense accrual entries, account balance verification, and ensuring maintenance costs follow GAAP capitalization rules • Reviewed legal documents governing retail center common area maintenance costs related to all new stores, issuing notification of maintenance commencement dates, and summarizing legal terms on systems for future reference.System Knowledge:SLIM, SAP, Lawson, RECONNECT, Excel, Microsoft Word, PowerPoint, Internet, Adobe Acrobat, and OutlookKey Results:Recovered over $3.8 million through the review and revision of 1,200 reconciliations; Non-recovered issues were resolved through partnership to obtain cost approval, legal settlement, or contract amendmentReduced yearly costs by a combined $3 million during the three years of coordination of analysis for Target’s Brand CampaignDeveloped new process documentation to ensure knowledge transfer and facilitate transition from Lawson GL to SAP GL and SLIM to SAP PLAT

Greater Minneapolis-St. Paul Area

Duties included those of Staff Accountant/Process Specialist, Construction Audit in addition to the following:• Executed preventative training for new and struggling general contractors in Target’s portfolio regarding contractor and subcontractor support, lien waiver requirements, specific billing issues, and resolutions • Conducted general contractor site visits to perform audit of business practices, progress payment back-up, identification of potential improvements, and offered guidance for billing procedure improvements• Implemented new audit review procedures utilizing Lien Waiver documents leading to a new department best practice to eliminate concerns regarding sub-contractor non-payment• Supported business partners by providing monthly matrix scoring reporting for progress payments audited System Knowledge:AS400, Lawson, SAP, Excel, Microsoft Word, Prolog, PowerPoint, Adobe Reader, Access, Internet, and OutlookKey Results: (for total time within Construction Audit area (2004 – 2009) Resolution of over $2 million of billing issues related the audit of an 1,700+ progress payments through partnership with General Contractors, Target Property Development Project Managers, and On Site RepresentativesRecipient of two Senior Vice President quarterly awards given in recognition of outstanding results and execution

Greater Minneapolis-St. Paul Area

Responsible for audit of new store and existing store remodel construction progress payment back-up; supported business partners through training contribution. • Audited construction progress payment applications to ensure compliance with Target’s back-up requirements, obtained documents necessary to mitigate liability, and resolved billing differences. • Facilitated training of internal and external business partners regarding billing requirements and prior performance • Responsible for the review and closure of open contracts, releasing dedicated funding for further expenditures and ensuring accurate accruals and forecastingSystem Knowledge:AS400, Lawson, Excel, Microsoft Word, Prolog, PowerPoint, Adobe Reader, Access, Internet, and Outlook

Greater Minneapolis-St. Paul Area

Supervision and talent development of three direct report employees; responsible for the payment and GAAP interpretation of costs related to minor project capital expenditures. • Supported business partners through system project set-up, monthly reporting, and Lawson AP research• Conducted monthly account reconciliation from PACMAN system to Lawson GL System• Ensured proper capitalization through CPR review, project set-up, transfer of costs into GAAP compliant asset classifications, and review of uninsured loss claims to ensure capitalization of appropriate loss expenseSystem Knowledge:AS400, Lawson, Excel, Microsoft Word, PowerPoint, Adobe Reader, and Outlook

Greater Minneapolis-St. Paul Area

Support of New Store and Full Store Remodel Project Managers; ensure accurate GAAP treatment of expenditures.• Executed contract set-up, processed related progress payments and non-contract project invoicing, and provided project reporting to project manager team• Coordinated issue resolution through leveraging relationships with internal and external partners and utilizing Lawson Accounts Payable knowledge• Ensured GAAP asset life compliance through project cost review and transfer into appropriate fixed asset account classifications

Greater Minneapolis-St. Paul Area

Responsible for assisting the Major Projects Accountant with daily processes. Deliverables included assisting with purchase order/construction contract set-up on the system, obtaining proper approval levels for payment, and issuing purchase order/construction progress payments.System Knowledge:AS400, Lawson, Excel, and Outlook

Greater Minneapolis-St. Paul Area

• Supported retail sales through research of cash register overages and shortages• Assisted stores in the identity of shortage patterns for addressing security and training opportunities• Participated in special projects to streamline and improve workload efficiencies

Various Locations. Minneapolis/St. Paul, Mn And Chicago, Il Markets

Provide superior customer service through department management and sales support. • Managed and developed a diverse work force in a fast paced retail environment• Controlled department payroll budget and scheduling for a team of up to 18 employees• Maintained Point Of Sale inventory system to maintain appropriate inventory levels, adjust for shortage, and drive sales through in-stock product